South Norfolk
Airbnb Market Data & Overview
UK

Is it profitable to do Airbnb in South Norfolk, UK?

What is the occupancy rate of Airbnb in South Norfolk, UK?

What is the average daily rate of Airbnb in South Norfolk, UK?

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South Norfolk, UK Airbnb Data

Last updated on: 15th May, 2024

UK / South Norfolk
Investing in a short-term rental can be highly stable and profitable. It's stable because housing has been one of the most stable asset classes. Also, when you can't do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rentals typically is double the amount of traditional rentals.
The true profit from home investing comes from capital appreciation and cash flow from your rental. Between 1850 and 2015, globally, the average home value appreciated at 5.5% annually. If your short-term rental yields 3% of your total initial investment, your investment's annual return is 8.5% before taxes are considered.
Without further ado, let's see if South Norfolk is good for Airbnb.
Occupancy Rate

59%

$124

Daily Rate

$25K+

Revenue (2023)

6.5%

Net Yield

590

Number of Listings
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Is Airbnb Profitable in South Norfolk ?

No, it's not profitable to Airbnb because the average net rental yield for a one-bedroom property is 6.5%.
The national median net short-term rental yield is 5.4% in the UK. For more context, a traditional rental can typically yield 2-4% if you don't have to pay a mortgage interest. A typical 1 bedroom listing in South Norfolk is booked for 215 nights a year, with a median occupancy rate of 59% and an average daily rate of $114. In South Norfolk, A typical host income (annual revenue) was $25,747 in 2023.

Best Areas in South Norfolk for Airbnb

Are you wondering where to invest in South Norfolk? Look no further! Here are 10 areas travelers often search for. You can find the short-term rental statistics of all of these neighborhoods from Airbtics! Check out which neighborhood has the highest rental demand. 🚀
  1. Norwich Cathedral
  2. Bressingham Steam & Gardens
  3. Thetford Forest Park
  4. Sainsbury Centre for Visual Arts
  5. Norwich Castle
  6. Great Yarmouth Beach
  7. Holkham National Nature Reserve
  8. Sandringham House
  9. Norwich Market
  10. BeWILDerwood
Okay, you might wonder about more specific data. For example, how much can an average listing with 2 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month?
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Explore South Norfolk's Airbnb Data
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